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The real estate market is seeing a series of notable developments in planning, infrastructure and urban development. In Hanoi, the 447-hectare Vinh Hung urban redevelopment project, with total investment of nearly VND 186,000 billion and Sun Group as the investor, was launched on the afternoon of August 28. Meanwhile, VinSpeed’s 121-kilometer high-speed railway from Hanoi to Ha Long is expected to require more than 568 hectares of land, half of which will be in Quang Ninh. FPT’s nearly 200-hectare Digital Technology Park urban area may also put its first component into operation from 2027. In the south, southern Ho Chi Minh City is expected to account for more than half of the city’s new apartment supply toward the end of the year, supported by the simultaneous launches of several projects. Alongside supply, affordability remains a major concern. Promotional home-loan interest rates at several banks have continued to rise, with 12-month fixed rates exceeding 10% per year, considerabl...

The real estate market is seeing notable developments in policy, finance and project supply. Preferential home loan rates at several banks have continued to rise, with 12-month fixed rates exceeding 10% per year, significantly higher than in the first half of the year. Meanwhile, experts have proposed expanding on-site resettlement when land is acquired for commercial housing projects. The Vietnam Real Estate Association has also proposed classifying stalled resort real estate projects according to their respective obstacles, with the aim of resolving them within the next 12 months. For commercial and service apartments, investors are advised to carefully consider legal status, capital costs, projected operating efficiency and the developer’s capacity. In terms of supply, southern Ho Chi Minh City is expected to account for more than half of new apartment supply as a series of projects launch simultaneously at the end of the year. Several projects are accelerating construction and be...

The real estate market is seeing notable developments in major urban areas and localities that are expanding their development space. In Ho Chi Minh City, the southern area is expected to account for more than half of the city’s new apartment supply, supported by a series of projects scheduled to open for sale toward the end of the year. The western area is also expected to receive additional supply as infrastructure investment continues and demand for upgraded housing increases. In the southern part of the city, projects such as Vlasta Premier Phu Thuan and Diamond Sky are being positioned to benefit from transportation infrastructure, established urban ecosystems and improving connectivity. However, experts noted that high housing prices, congestion and expensive logistics costs are eroding Ho Chi Minh City’s concentration advantage, creating a need to reduce urban costs and preserve competitiveness. Land auctions and public land management are also taking place in several localiti...

Vietnam’s real estate market recorded notable developments in Hanoi, Ho Chi Minh City, Bac Ninh and Hue. In Hanoi, more than 3.4 hectares of land in Dong Anh Commune were allocated to Thai Nam Land to develop housing for police officers and personnel. In Bac Ninh, a Vingroup consortium received the first land allocation of more than 100 hectares for a new urban area in the northwest, with total investment exceeding VND 41,000 billion. Meanwhile, new supply in western Ho Chi Minh City is expected to gain momentum as infrastructure investment continues and demand for upgraded housing rises, although choices in the market remain limited. Experts also said that Ho Chi Minh City needs to reduce urban costs, as high housing prices, congestion and expensive logistics are eroding the city’s concentration advantages. Land auctions remain a key focus. Ho Chi Minh City is preparing to auction eight medium and small land plots in the wards of Cho Lon, Phu Lam, Binh Thoi, Minh Phung and Tan Binh,...

The domestic real estate market recorded several notable developments in major urban areas. In Bac Ninh, a Vingroup consortium was allocated more than 100 hectares of land in the first phase to develop a new urban area in the northwest, with total investment exceeding VND 41 trillion. In Da Nang, the polycentric economic model is expected to create additional room for housing and workplace development, while the city has approved the investment policy for a concentrated social housing project in Ngu Hanh Son Ward with more than 3,000 units and total capital of nearly VND 4.2 trillion. In southern Da Nang, 150 podium shophouses at the Spana Tower, Cora Tower and S-Light Tower projects were introduced with advantages related to limited supply, design, customer flows, legal status and local infrastructure. In Ho Chi Minh City, a series of planning and land auction developments attracted attention. National Highway 13 is preparing for expansion, while additional connectivity options invo...

The real estate market today recorded several notable developments in major urban areas. In Ho Chi Minh City, the Lancaster Lincoln project on Nguyen Tat Thanh Street has been allowed to resume sales of nearly 400 apartments after being entangled in legal issues for almost a decade. Dai Quang Minh, a company under THACO, proposed studying and preparing plans for three transit-oriented urban development areas, including a site of more than 246 hectares around Thu Thiem Station. Also in Thu Thiem, five strategically located land plots with completed surrounding infrastructure are expected to be auctioned, with a combined starting price of more than VND12.5 trillion. The former Binh Chanh District Hospital site, covering more than 1.4 hectares, is also expected to be auctioned this year and is planned for low-rise housing. Housing supply continues to expand in major cities. Da Nang has approved the investment policy for a concentrated social housing project in Ngu Hanh Son Ward, with mo...

Vietnam’s real estate market is seeing notable developments involving land auctions, housing supply and policy discussions. In Ho Chi Minh City, five plots in Thu Thiem have a combined starting price of more than VND 12.5 trillion. All are located in prime positions and benefit from completed surrounding infrastructure. The city has also approved auction plans for three plots on No Trang Long, Nguyen Van Dau and Le Van Sy streets, in Binh Thanh and the former District 3. Meanwhile, Hanoi is planning two residential and mixed-use urban areas in Linh Nam Ward, part of the Red River scenic boulevard axis, with a total of 56,216 apartments and expected completion by the end of 2029 to 2030. More than one hectare of land in the new South Linh Dam urban area has also been allocated to IFT Company to develop housing for police officers. Regarding supply and corporate activity, the Ministry of Construction said condominium inventory exceeded 12,800 units in the second quarter, nearly four ti...